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France is going to introduce new taxes for IT giants

If the European Union does not reach agreements on imposing additional taxes on large IT companies like Google and Facebook, France will independently introduce such a tax next year. On this, reports Reuters,  saidFinance Minister Bruno Le Mayr.

EU countries discussed the introduction of a three-percent tax on the turnover of IT-companies, after which they came up with the idea to introduce a tax on turnover only from advertising within digital platforms. Germany insists on a small tax so that companies do not wriggle out of it and pay, and the treasury is replenished. France wants tougher conditions for companies.

It seems that Le Mayor is not going to retreat: in his words, France will in any case impose a tax. The only question is how it will be – national (if the EU countries do not agree until March) or common for the European Union.

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